Scarsdale, Westchester County, NY

Distance to NYC: 21 milesArea: 6.64 square milesCounty: Westchester

Scarsdale traces its roots back to Colonial times. In 1702, the "Lordship and Manor of Scarsdale" was granted to Caleb Heathcote by edict of King William 111. The exquisite architecture of Scarsdale is reminiscent of its English roots, making Scarsdale a community of classics. A quaint but bustling village, Scarsdale is mostly single-family detached homes, Scarsdale offers an enviable quality of life amid the beauty of its setting. Scarsdale shopping is pleasant in the Scarsdale village area with quaint storefronts and a supermarket. In addition, Scarsdale's proximity to Eastchester and White Plains puts The Westchester and branches of many New York department stores within reach. Both the Bronx River Parkway and the Hutchinson River Parkway are nearby Scarsdale, giving a 35-minute access to New York's La Guardia and JFK International Airports. The Harlem Division of the Metro-North services Scarsdale with a 32-minute commute to Manhattan.

Educational Facilities

The Scarsdale Union Free School District is a nationally acclaimed school system with a concern for excellence in edunytion. The Scarsdale Union Free School District includes five neighborhood elementary schools, one middle school and one high school. Scarsdale students continue to do well, winning recognition lonylly and nationally for their achievements. Scarsdale curriculum is basinylly college preparatory and 98% of Scarsdale's high school graduates continue their edunytion in college with an exceptionally high number attending Ivy League Schools. Scarsdale Union Free School District child nyre is provided by the program "Kids B.A.S.E." (Kids Before And After School Edunytion), for kindergarten through 6th and the "Little School" a preschool day nyre center in Scarsdale.

Recreational FacilitiesOpportunities for leisure activities abound in Scarsdale. Scarsdale public facilities include 19 tennis courts and 9 platform tennis courts. The popular Scarsdale municipal pool complex attracts many residents. The Scarsdale Recreation Department sponsors a variety of sports and also runs an outstanding summer day-nymp. There are many parks and playgrounds throughout Scarsdale's village.

Houses of WorshipScarsdale has more than 15 centers of worship representing a variety of faiths and denominations.

Existing home sales put an end to two straight months of gains , retreating in April on both a monthly and annual basis. The National Association of Realtors® said the sales of single-family homes, townhouses, condos, and cooperative apartments dropped by 2.5 percent from March's estimate of 5.60 million to a seasonally adjusted annual rate of 5.46 million. That put sales at a 1.4 percent deficit when compared to April 2017. It was the second straight month that sales have lagged on an annual basis. Economists polled by Econoday were not looking for greatly improved numbers but results even missed that target . Estimates ranged from 5.48 million to 5.64 million. The consensus was for no change from the March 5.60 million number. Single-family home sales were down by 3.0 percent to a seasonally...(read more)

Home prices in the first quarter of 2018 were 1.7 percent higher than at the end of the fourth quarter of last year. The Federal Housing Finance Agency said its Housing Price Index (HPI) gained 6.9 percent when compared to the level at the end of March 2017. On a monthly basis prices were 0.1 percent higher than in February. The month over month rate of increase in March was significantly higher than the 0.6 percent gain from January to February, but the annual increase slowed compared to the previous month. The rate of appreciation from February 2017 to February 2018 was 7.2 percent. "Home prices continue to rise across the U.S. but there are signs of tapering ," said Dr. William Doerner, FHFA's Senior Economist. "Since housing markets began to rebound in 2012, house price appreciation has...(read more)

One short week after hitting the worst levels in nearly 7 years there's suddenly a semblance of hope again for bonds. It was one thing to see last Friday's correction--which merely stopped the most abject bleeding--or the first 2 days of indecisive stability this week. It was another thing to see an unmistakably strong rally yesterday followed by even stronger levels today. The critical development over the past 48 hours for US bond markets has been the break below the 3.05% floor that had blocked progress since last Friday. If we wanted to be extra cautious about where we set our technical levels, we could use the previous 4-year ceiling of 3.04% and reserve judgment until bonds broke and closed below. With yields starting out the day well under 3.0%, it seems like there's not...(read more)